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Consider again Mockingbird Airlines problem as described in the overbooking case study in Chapter 9.of Making Hard Decisions. Construct a simulation model of the system,
Consider again Mockingbird Airlines problem as described in the overbooking case study in Chapter 9.of Making Hard Decisions.
Construct a simulation model of the system, and use it to find Mockingbirds optimal policy regarding overbooking. Compare this answer with the one based on the analysis done in Chapter 9.
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